Action!!

Here's an action shot of me presenting the LAS business plan.

The worst part, is my team was last to present and it was tough keeping their attention. So I used some of my previous training and used an attention getting step to start the presentation. That consisted of Yelling "Just one more, so please pay attention a little longer!!"

It seemed to work for a while anyway. As you can see from the slide, it's from the beginning of presentation. The slide says "Introduction" in large letters!

This is what I came to Instituto de Empresa for: learning how to develop a business idea. It's been worth it. I may not pursue a start-up, but these things help put making money into perspective. It doesn't just appear in your wallet...

r_m

The LAS Team

So if you've seen my last post, I promised to talk a little more about my entrepreneurship project. So here's a picture of the team. It took a some time to find the right project but I think in the end it's a matter of doing what you know.

With that said, I was the project management expert, Sergio (in the middle) is the fish farming expert, and Jiong (on the Right) is a CFA and Enterprise Resource Planning (ERP) Systems expert. Together we developed a business plan to open an ERP consulting company for small-to-medium enterprises in the fish farming sector of Chile.

None of us are from Chile, but the beauty of that country is the openness to foriegn investment. The laws there allow a company to be incorporated with no local ownership. Plus, it's the most stable country in Latin America politically and economically.

After all the research, it turns out that this idea is entirely possible. The problem is that none of has ever installed one of these systems. Even though in theory we have the right expertise, we just lack the experience to have the kind of credibility to get contracts immediately. Although our marketing plan acknowledged this, it's a tough sell. Latin America is a high relationship business enviornment, with the vast majority of the business family-owned, so they aren't going to look at the numbers and just say "Let's do it!"

At any rate, I think we did well and the presentation was as good as we could expect. Let me know if you want to start up a business, I have ideas!!

r_m

Our Start-up

It's been exactly a month since I have posted anything. This is the symbol of the business my team and I have been working on for the last two months.

The business is called LAS, it stands for Latin American Services.

I'm very proud of this logo because, well, I created it. I used MS Visio, a relatively easy to use CAD program.

So you must be wondering, "What is the business about?" Ahh, that's the Million Dollar question isn't it? What have we been working on all this time that kept me from giving you all the latest insights into the life and work of a student at the prestigeous Instituto de Empresa Business School?

Here's the short version: an IT consultancy for ERP Implementation for SMEs in the fish farming sector of Chile.

If you are thinking, "Huh?" Well, you'll just have to give yourself added-value by leveraging your strategic synergies through a paradigm shift in your operational competencies.

All clear now?


r_m